Form 4: Andrew Phillip Cole Acquires Deferred Share Units in Perpetua Resources Corp.

Director Andrew Phillip Cole acquired 650 Deferred Share Units (DSUs) in Perpetua Resources Corp. on March 31, 2025, in lieu of a cash retainer.

Summary

• On March 31, 2025, Andrew Phillip Cole, a director of Perpetua Resources Corp., acquired 650 Deferred Share Units (DSUs).
• These DSUs were received in lieu of a cash retainer for his service during the first quarter of 2025.
• Each DSU entitles the holder to one common share of Perpetua Resources Corp., or cash equal to the value thereof, upon settlement following separation from service.
• The price of the derivative security is $10.69.
• Following the transaction, Cole directly owns 22,231 common shares.
• The DSUs are fully vested as of the date of grant.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider alignment with company performance. There are no indications of negative events or concerns.

Positives

• The acquisition of DSUs demonstrates Cole's continued investment and alignment with the company's success.
• The DSUs are fully vested as of the date of grant.

Future Outlook

The DSUs will be settled following the reporting person's separation from service.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of DSUs by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.

Key Dates

Keywords

Deferred Share Units, DSU, Director, Form 4, Perpetua Resources Corp., PPTA, Beneficial Ownership, Insider Trading